Country Report Laos June 2009

Outlook for 2009-10: Forecast summary

Forecast summary
(% unless otherwise indicated)
Real GDP growth7.
Gross agricultural production growth3.2b3.03.03.2
Consumer price inflation (av)
Lending interest rate28.529.029.029.0
Central government balance (% of GDP)-2.8b-2.8-3.3-3.1
Exports of goods fob (US$ bn)
Imports of goods fob (US$ bn)-1.1-1.4-1.3-1.4
Current-account balance (US$ bn)0.1-0.10.0-0.1
Current-account balance (% of GDP)2.6-1.0-0.4-1.3
Exchange rate K:US$ (av)9,6038,7438,5578,853
Exchange rate K:¥100 (av)8,1548,4588,8909,344
Exchange rate K:€ (year-end)13,64811,78611,72912,669
Exchange rate K:SDR (year-end)14,91612,75013,16414,062
a Actual. b Economist Intelligence Unit estimates. c Economist Intelligence Unit forecasts.

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